Maroochydore 37 Hinley Avenue

Calling location-driven owner occupiers, investors, and developers! This 615m2 site in the heart of Maroochydore, just 500-metres to the river is going to Auction and WILL be sold – currently generating an income from duplex on site, it could also suit a land-banker, willing to sit back and wait and an owner occupier that wants a small income. The future of this area is golden, and you cannot lose.

The existing building, circa 1970, is a low-set brick duplex, consisting of 2 x two-bedroom, one-bathroom units, each with parking for one or two vehicles and a private fenced courtyard; both sides are currently rented and in total return $670 per week. There is also a 7mx6m lock up shed on site.

Zoned medium density, there is potential (subject to council approval) to redevelop the site – the height restriction is 8.5 metres. The block is flat and faces north-east at the rear.

The location is central to everything – just footsteps to the river and Duporth Avenue, 800-metres to Sunshine Plaza, 900-metres to Ocean Street dining and entertainment precinct, and a flat 20-minute walk to the emerging SunCentral CBD. Any type of dwelling on this site will attract high occupancy rates and attractive rental yields, today and into the future.

Investor owner of 10 years is seriously motivated to secure a sale on or before Auction – and there will be plenty of interest in this prime site.

Contact Ryan Tomlinson to discuss further and put your best offer forward to invest in your slice of the Sunshine Coast's lifestyle, commercial, and retail capital.

Prime Investment Site, Heart Of Maroochydore615m2 Block Zoned Medium Density Up To 8.5m HeightExisting Duplex Both Rented2 X 2 Bed, 1 Bath And CourtyardsWithin Minutes' Walk To Maroochy River & Duporth Ave800 Metres To Plaza, 900 Metres To Ocean StreetSuit Investors, Land-Bankers, Owner Occupied And DevelopersOutstanding Opportunity

Property Information

• Land area approx 615sqm

Property Features

• Carports 2
• Garages 2